Yuk Wing Group Holdings (HKSE:01536) Change In Receivables : HK$4.3 Mil (TTM As of Sep. 2023)

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What is Yuk Wing Group Holdings Change In Receivables?

Yuk Wing Group Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$12.7 Mil. It means Yuk Wing Group Holdings's Accounts Receivable declined by HK$12.7 Mil from Mar. 2023 to Sep. 2023 .

Yuk Wing Group Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-11.4 Mil. It means Yuk Wing Group Holdings's Accounts Receivable increased by HK$11.4 Mil from Mar. 2022 to Mar. 2023 .

Yuk Wing Group Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$39.7 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Yuk Wing Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 107.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Yuk Wing Group Holdings's liquidation value for the six months ended in Sep. 2023 was HK$99.3 Mil.

Yuk Wing Group Holdings Change In Receivables Historical Data

The historical data trend for Yuk Wing Group Holdings's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Yuk Wing Group Holdings Change In Receivables Chart

Yuk Wing Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-29.32

16.52

-0.84

-4.63

-11.40

Yuk Wing Group Holdings Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial													3.79	-8.42	-3.08	-8.33	12.66

Yuk Wing Group Holdings Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$4.3 Mil.

Yuk Wing Group Holdings (HKSE:01536) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Yuk Wing Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	39.704	/	67.139	*	91
=	107.93

2. In Ben Graham's calculation of liquidation value, Yuk Wing Group Holdings's accounts receivable are only considered to be worth 75% of book value:

Yuk Wing Group Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	78.105	-	36.047	+	0.75 * 39.704	+	0.5 * 54.843
=	99.3

Yuk Wing Group Holdings Change In Receivables Related Terms

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Yuk Wing Group Holdings (HKSE:01536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yuk Wing Group Holdings Ltd (HKSE:01536) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

288 Des Voeux Road Central, Unit B, 13th Floor, Eton Building, Hong Kong, HKG

Website

http://www.yukwing.com

Yuk Wing Group Holdings Ltd is an investment holding company engaged in the manufacturing and trading of down-the-hole (DTH) rockdrilling tools. The company's operating segments include Manufacturing and trading of DTH rockdrilling tools, Trading of piling and drilling machineries and Trading of rockdrilling equipment. It generates maximum revenue from the Manufacturing and trading of DTH rockdrilling tools segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC, and other Countries.

Executives

Huang Shixin	2101 Beneficial owner
Chan Leung Choi	2101 Beneficial owner
Colour Shine Investments Limited	2101 Beneficial owner
He Xiaoming	2201 Interest of corporation controlled by you

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